$TRUMP Coin on the Verge of a Major Breakout: Can It Reach $30?

The cryptocurrency market is buzzing with excitement as $TRUMP coin approaches a critical resistance level. Currently trading near $17, the token has already broken a significant Break of Structure (BOS), hinting at a potential bullish surge. If $TRUMP successfully breaches this resistance point, technical indicators suggest a remarkable 200% rally, pushing the price toward $30.

Technical Analysis
A closer look at $TRUMP’s daily chart reveals key bullish signals:
The $17 mark has proven to be a significant resistance level. A confirmed breakout could trigger a strong uptrend, with $30 as the next major target. The Relative Strength Index (RSI) is currently at 48, indicating neutral momentum. However, with buying pressure increasing, RSI could soon move into the bullish zone, reinforcing the uptrend.

The token's recent candlestick formations suggest a bullish engulfing pattern, which often precedes a strong rally. The $11 price point has emerged as a crucial support level. If this level holds, bulls could maintain momentum. However, a break below $11 may lead to a strong sell-off.

Trump Organization’s Metaverse & NFT Plans
The Trump Organization has officially filed a trademark application for 'TRUMP' to launch a metaverse and NFT trading platform. This development aligns with the growing trend of Web3 adoption by prominent figures and institutions.

A metaverse and NFT ecosystem tied to the Trump brand could significantly increase interest in $TRUMP coin, driving speculative demand and institutional involvement. If the project gains traction, it could serve as a major long-term growth factor for the token’s valuation.

What’s Next for $TRUMP Coin?
With both technical and fundamental indicators aligning, $TRUMP coin is at a pivotal moment. The key level to watch remains the $17 resistance. A decisive breakout could ignite a major rally toward $30, while failure to hold above support at $11 might trigger a correction.